KBR, Inc. (KBR) Set to Announce Earnings on Tuesday
KBR, Inc. (NYSE:KBR) will post its quarterly earnings results before the market opens on Tuesday, October 31st. Analysts expect KBR to post earnings of $0.30 per share for the quarter. KBR has set its FY17 guidance at $1.25-1.45 EPS.
KBR (NYSE:KBR) last released its quarterly earnings data on Wednesday, August 2nd. The construction company reported $0.54 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.49 by $0.05. The company had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.10 billion. KBR had a negative net margin of 0.81% and a positive return on equity of 8.74%. The business’s revenue was up 8.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.35 EPS. On average, analysts expect KBR to post $1.42 EPS for the current fiscal year and $1.27 EPS for the next fiscal year.
KBR, Inc. (NYSE:KBR) traded up 1.78% during trading on Tuesday, hitting $18.84. 938,848 shares of the stock were exchanged. KBR, Inc. has a 52 week low of $13.17 and a 52 week high of $19.39. The stock’s market cap is $2.64 billion. The stock has a 50 day moving average of $17.89 and a 200-day moving average of $15.83.
The business also recently declared a quarterly dividend, which will be paid on Monday, January 15th. Investors of record on Friday, December 15th will be given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 1.73%. The ex-dividend date of this dividend is Thursday, December 14th. KBR’s dividend payout ratio is currently -128.00%.
COPYRIGHT VIOLATION NOTICE: “KBR, Inc. (KBR) Set to Announce Earnings on Tuesday” was originally posted by American Banking News and is the property of of American Banking News. If you are reading this article on another website, it was stolen and republished in violation of U.S. and international copyright & trademark law. The legal version of this article can be viewed at https://www.americanbankingnews.com/2017/10/24/kbr-inc-kbr-set-to-announce-earnings-on-tuesday.html.
A number of equities research analysts have weighed in on the stock. Deutsche Bank AG upped their price objective on shares of KBR from $18.00 to $20.00 and gave the stock a “buy” rating in a report on Tuesday. BidaskClub upgraded shares of KBR from a “sell” rating to a “hold” rating in a report on Saturday, August 5th. KeyCorp set a $20.00 price objective on shares of KBR and gave the stock a “buy” rating in a report on Friday, August 25th. Zacks Investment Research upgraded shares of KBR from a “sell” rating to a “hold” rating in a report on Monday, July 17th. Finally, TheStreet upgraded shares of KBR from a “d+” rating to a “c-” rating in a report on Thursday, August 3rd. One research analyst has rated the stock with a sell rating, two have issued a hold rating and seven have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $19.83.
KBR, Inc is a provider of professional services and technologies across the asset and program life-cycle within the government services and hydrocarbons industries. The Company operates through business segments, including Technology & Consulting (T&C), Engineering & Construction (E&C), Government Services (GS), Non-strategic Business and Other.
Receive News & Ratings for KBR Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KBR Inc. and related companies with MarketBeat.com's FREE daily email newsletter.